Agenda item

Report of the Director of Economic Development.

Members considered a report of the Director of Economic Development on the recent activity of the International Regulatory Strategy Group (IRSG). In response to a query from a member, the Chairman replied that the work of the IRSG was led by industry practitioners, and that the Special Representative for the City would, among other things, be working with EU member states on policy areas such as Capital Markets Union (CMU).

Following a comment from a member welcoming the inclusion of data protection as an IRSG objective given the importance of fintech to the City, the Chairman took the opportunity to note that Mark Hoban would be taking over as Chairman of the IRSG in February 2016. 

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